41 h. ago Major update on Rachel Reeves' plan to hike income tax this month

An income tax rise would help her bridge a fiscal black hole estimated by some economists to be as much as £50billion

Politics

4 d. ago Racism returning to UK politics – and people are very scared, says Starmer

PM attacks ‘toxic division of Reform’ and gives strongest signal yet that two-child benefit cap will be liftedUK politics live – latest updatesDecades-old racism is returning to British politics, and “it makes people feel very scared” Keir Starmer has said, warning that divisive hard-right politics was “tearing our country apart”.Speaking to the GP and TV personality Amir Khan, the prime minister accused Nigel Farage’s Reform UK of overseeing a return of the racist and divisive politics “that frankly I thought we had dealt with decades ago”. Continue reading...

Politics

5 d. ago Chancellor Rachel Reeves drops two major Budget hints on tax and benefits

Chancellor Rachel Reeves indicated the government will scrap the cruel two-child benefit limit at the Budget on November 26 to lift hundreds of thousands out of poverty

Economics

6 d. ago Global trading platform boss says Rachel Reeves' cash ISA raid plan is wrong and will create nation of 'zombie investors'

The UK boss of a major global trading platform has warned Rachel Reeve's planned raid on cash ISA's is simply the wrong way to get Britons investing again.

Economics

9 d. ago Lucy Powell says Labour must stand by promise not to raise key taxes

New deputy leader also calls on government to lift two-child benefit cap urgently and in full• UK politics live – latest updatesLucy Powell, Labour’s new deputy leader, has said the government should stand by its manifesto commitment not to raise income tax, national insurance or VAT, amid signs that it may be preparing to break that promise.Powell, who left Keir Starmer’s cabinet in the reshuffle before being elected deputy leader last month, said the budget needed to be about putting more money, not less, into ordinary people’s pockets. Continue reading...

Politics

1 week ago M&S profits dive 99% after cyber attack but cost is LESS than forecast

M&S profits have plunged in the fallout from a major cyber attack on top of a £50million hit from Rachel Reeves' national insurance hike.

Economics

1 week ago M&S profits dive after cyber attack but cost is LESS than forecast

M&S profits have plunged in the fallout from a major cyber attack on top of a £50million hit from Rachel Reeves' national insurance hike.

Economics

1 week ago 'She genuinely doesn't know what to do': Brutal verdict on Rachel Reeves from Labour ministers as insiders tell DAN HODGES the truth about Chancellor's speech

Rachel Reeves has just finished delivering her major speech framing this month's Budget. And it can be summed up in six words: 'Nothing to do with me, guv.'

Politics

1 week ago Rachel Reeves lays the ground for tax rises as Chancellor admits 'necessary choices' are coming in Budget: Live updates

LIVE UPDATES: Follow the latest as Chancellor Rachel Reeves uses an early morning speech in Downing Street to address 'speculation' about the contents of her November 26 Budget.

Economics

1 week ago ITV Good Morning Britain interrupted as Rachel Reeves makes major announcement

Good Morning Britain was halted for a major announcement from Chancellor Rachel Reeves, who is expected to announce tax increases

Politics

1 week ago Good Morning Britain halted over breaking news update from Rachel Reeves

Good Morning Britain was interrupted on Tuesday morning as Rachel Reeves delivered a 'tough message' in a major update

Politics

1 week ago Rachel Reeves gives speech amid speculation she is preparing to hike income tax: Live updates 

LIVE UPDATES: Follow the latest as Chancellor Rachel Reeves uses an early morning speech in Downing Street to address 'speculation' about the contents of her November 26 Budget.

Politics

1 week ago Chancellor Rachel Reeves to deliver major speech TODAY as Budget looms

Chancellor Rachel Reeves is expected to vow to 'make the choices necessary' at the Budget as she grapples with a £20billion to £30billion blackhole in the public finances

Politics

1 week ago Rachel Reeves to set out Budget priorities as major think tank warns tax rises are ‘inevitable’

The chancellor’s address is set to come after weeks of expectation management and growing reports of planned tax rises as she scrambles to fill a black hole of up to £50bn in the public finances

Events

2 w. ago Rachel Reeves sent major cash ISA cut warning over £2.5bn Treasury losses

The chancellor may still be considering a cut to cash ISA savings limits, but there are fears it would not encourage people to start investing

Economics

3 w. ago Benefit cap update as Rachel Reeves to announce major change

The change will cost up to £6.3billion and impact 630,000 people

Politics

3 w. ago Britain is suddenly pining for closer ties with the EU. It’s more likely to get the cold shoulder | Anand Menon

Labour now wants to use the damage from Brexit to combat the threat of Nigel Farage, but the union has bigger fish to fryA palpable sense of urgency has emerged in the UK’s approach to relations with the European Union. Ministers are beginning to sound enthusiastic, impatient even. The chancellor of the exchequer, Rachel Reeves, has even pointed to Brexit as a major cause of the country’s economic travails. You might think that this bodes well for prospects of improved UK-EU relations. But – and here’s the rub – enthusiasm on one side is not enough to drive substantive progress.In opposition, Labour shadow ministers and spokespeople were understandably reluctant to add flesh to the bones of their intention to “reset” relations with the EU. More detail was provided at the summit in May this year, as the two sides not only signed off a long-term deal on fisheries but declared their intention to negotiate further agreements covering agrifoods, energy and defence.Anand Menon is director...

Politics

4 w. ago Rachel Reeves considers major change to Motability scheme to save £1billion

Chancellor Rachel Reeves is looking at scrapping tax breaks, which allows cars leased under the Motability scheme to be exempt from VAT or insurance premium tax

Economics